Lam Research forecasts revenue below estimates despite China business boom
By Jaspreet Singh and Max A. Cherney (Reuters) -Chip manufacturing equipment supplier Lam Research forecast second-quarter revenue slightly below Wall…
Category: Business
Rivian CEO says bond issue does not reflect concerns about EV maker’s financial health
By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian’s earlier-than-expected bond issuance this month was aimed at strengthening the electric-vehicle maker’s balance…
Microsoft in talks to sign on Amazon as customer in $1 billion cloud tools deal – Insider
(Reuters) -Microsoft is preparing to bring Amazon.com as a customer for its 365 cloud productivity tools in a deal worth…
United Airlines forecasts weaker quarterly profit on higher costs
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings on Tuesday forecast weaker fourth-quarter earnings due to higher costs, sending…
California AG says he may sue to stop Kroger from buying Albertsons
By Diane Bartz WASHINGTON (Reuters) -California Attorney General Rob Bonta said on Thursday that his office was concerned about Kroger’s…